Business Product Validation - Steps to validate your business idea
If you're like me, I've wanted to make something using AI ever since ChatGPT's release in 2022
I have a light background in software development mostly in front-end using Next.js with React & Javascript. Although I've recently discovered Dave's channel on AI development.
After reading lots of books on business, like Alex Hormozi's $100m series, there's a tried & true way to validate any business idea that i would like to share with you
  1. Validate before you build - Now i will say that i haven't started my business yet but something i see from all the entrepreneur you tube channels is you validate that your idea has a need before building it. I know its easy to create MVP's now a days with tools like Loveable, bolt.new etc. but talking to your ideal customer if they would be interested in the thing you want to build FIRST is essential to not waste time building something that no one would use.
  2. Ask your potential customers what they would want - If you're like me and not sure what direction to go into to build something, message them asking "What's the biggest pain point in your work right now?" a simple question like this will give you a ton of insight on what you should be building.
  3. Target customers with money - You could have the best product in the world but it won't matter if you try to sell to people who don't have money! I remember i had an idea to sell an AI content validation tool to aspiring Youtubers but the problem was the majority of them didn't have a lot to pay for my product. So i saved valuable time NOT building something that realistically, would not have a lot of people able to afford it.
I could go on for a while but i just wanted to share this with you, if i can even give 1 person with this information, it will be worth it.
If you want to talk other business related stuff with AI or software development, just send me a DM
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Jacob Bourgeois
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Business Product Validation - Steps to validate your business idea
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